Investment giant BlackRock has reduced its holdings in Israeli companies NICE Systems Ltd. and Wix.com Ltd., and increased its holding in SolarEdge Technologies. At the end of 2022, BlackRock reported that it held a 5.1% stake in NICE Systems worth USD 718 million. In its previous report in March 2022, it held 8.1% of the Israeli company’s shares. Read […]
Author: Idan Nishlis
The Abraham Accords Peace Institute (AAPI), a non-partisan non-profit US organization, released its 2022 Annual Report, the most comprehensive and in-depth report published to date examining the development of relations among the countries of the Abraham Accords. The report examines the evolution of multilateral and bilateral diplomatic, economic, investment, tourism and people-to-people ties among Israel, UAE, […]
The United Kingdom’s Trade Commissioner for Europe, Chris Barton, and a delegation of 30 businesses and financial services officials traveled to Tel Aviv for two days amid discussions between the UK and Israel regarding a potential Free Trade Agreement. In Israel, the delegation met with regulators, government officials, fintech companies and others from the private sector. The delegation […]
Lahav L.R Real Estate Lahav has issued NIS 220 million of Lahav bonds – a significant achievement for the company, which will strengthen its business efforts in real estate in Europe and Israel and solar energy in Israel. Shibolet advised the issuer, led by partners Adi Zaltzman and Omer Weiss.
Bank Hapoalim is advancing a new city plan regarding its building on Rothschild Boulevard in Tel Aviv. According to the plan, the existing building on Rothschild Boulevard, will be designated as a protected site and the Bank’s headquarters on Yehuda Halevi Street will be demolished and a 45-story skyscraper will be erected in its place. The […]
An extremely significant collective agreement has been reached at Israel Railways, which will resolve the disputes between the company and employees. Over the years, Herzog has acted for Israel Railways on dozens of organizational measures, including injunction requests, most of which have been granted. Among the provisions of the collective agreement is the rail electrification […]
Written by Adv. Vered Zlaikha, Partner, Head of Cyber Affairs & Artificial Intelligence, Lipa Meir & Co. The health sector has been one of the most vulnerable sectors to cyber attacks globally in recent years, and this pressing topic continues to capture public attention worldwide. Implications of cyber attacks for this sector may be severe (or […]
In a market where there are more lawyers per capita than anywhere else on Earth, it is not surprising there has been a spate of law firm mergers in Israel, but none more so than in the last couple of years. Why and why now? Just this week, the announced merger between Goldfarb Seligman and […]
In an insightful piece, titled: “5 Trends to Watch: 2023 Israeli Business,” Greenberg Traurig explored five trends to look out for in the rest of the year – among them how distressed transactions will get more creative. Read the article written by Joey Shabot, Adam Snukal, Meira Ferziger, Noam Lipshitz and Aaron R. Katz here.
Wed, February 22, 2023, 9:00 AM – 12:00 PM IST Global M&A How to Get to the Finish Line in 2023 Herzog and DLA Piper are to hold an international M&A conference, for which you can register here.
